OctaFX Official

2023-06-06 16:00:07 #economic_calendar

This event may affect the market on 7 June.

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2023-06-06 14:20:04 #intraday_trading

#XAUUSD intraday trend is bearish

Opportunity: SELL
Main pattern: Strong resistance pullback
Explanation: The price has gapped up. The technical pattern suggests the price is likely to pull back and close the gap.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 1963.78
Stop Loss: 1975.59
Take Profit: 1952.01

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-06 13:30:00 #market_updates

Gold rebounded due to slower growth in the U.S. PMI figures.

Hawkish ECB comments didn't push up EURUSD.

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2023-06-06 13:19:04 #intraday_trading

#EURUSD is likely bullish

Opportunity: BUY
Main pattern: Strong support rebound
Explanation: The price has deviated substantially from its long-term trend and declined to the strong support level. The technical pattern suggests a possible upwards correction.
Order type: Market Buy
Risk-reward ratio: 1:1

Place order: 1.06889
Stop Loss: 1.06680
Take Profit: 1.07093

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-06 13:00:03 Find the best entry points for currency pairs in today’s
#technical_analysis

• #EURUSD is in a downtrend
• The #EURJPY trend remains bearish
• Bulls continue to drive #AUDUSD higher
• Bears continue to bring #USDCAD lower

Don’t miss out on profitable trading opportunities.

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2023-06-06 12:35:04 #intraday_trading

#BTCUSD is possibly bullish

Opportunity: BUY
Main pattern: Strong support rebound
Explanation: The price has deviated substantially from its long-term trend and declined to the strong support level. The technical pattern suggests a possible upwards correction.
Order type: Market Buy
Risk-reward ratio: 1:1

Place order: 25741
Stop Loss: 25441
Take Profit: 26038

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-06 12:01:03 #intraday_trading

#GBPJPY seems bearish

Opportunity: SELL
Main pattern: Breakout, Pullback and Continuation
Explanation: The blue line represents a long-term trend and displays a bearish movement. The line is stronger than the orange one, which is a short-term trend. The technical pattern suggests a continuation of the long-term trend.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 173.054
Stop Loss: 173.476
Take Profit: 172.632

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-06 09:58:03 #intraday_trading

#GBPUSD intraday trend is bearish

Opportunity: SELL
Main pattern: Wedge
Explanation: The blue line represents a long-term trend and displays a bearish movement. The line is stronger than the orange one, which is a short-term trend. The technical pattern suggests a continuation of the long-term trend.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 1.24432
Stop Loss: 1.24690
Take Profit: 1.24175

Trade now

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ID MS PK TR

These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-06-05 16:40:00 #economic_calendar

This event may affect the market on 6 June.

Visit Market Insights and read daily analytics to stay up-to-date about important events and their influence on your trading.

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2023-06-05 16:10:03 #intraday_trading

#XAUUSD may correct upwards

Opportunity: BUY
Main pattern: Triple bottom
Explanation: The price has deviated substantially from its long-term trend and declined to the strong support level. The technical pattern suggests a possible upwards correction.
Order type: Market Buy
Risk-reward ratio: 1:1

Place order: 1943.17
Stop Loss: 1937.34
Take Profit: 1948.98

Trade now

If the link doesn’t work, try a special one for your country:
ID MS PK TR

These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment